Internal Revenue Service (IRS) Commissioner John Koskinen addressed attendees at the AICPA tax conference earlier this month in Washington DC. “It promises to be another complicated filing season, and not just because of our budget situation”. “Along...
“We are the only nation in the world that lets a huge chunk of its tax code expire, often for a year, and then retroactively puts it back in place.” “That whole process is really unacceptable to me, and it puts us out of place with the rest of the...
The AICPA’s annual National Tax Conference is being held in Washington DC on 2-3 November 2015. The conference is being conducted from dual perspectives, the inside, and the front line. Notable speakers will include: Dave Camp, Senior Policy Advisor, PwC Karen...
Recently held in Orlando, the AICPA (American Institute of Certified Public Accountants) annual Practitioners’ Symposium was a valuable learning ground for us. Held over two and a half days it was attended by practitioners from all parts of the US. Themes that...
The IRS offers first-time penalty abatement waiver as a one-off remission of failure-to-file, failure-to-pay and failure-to-deposit penalties if certain criteria are met. We have in-house experience on achieving this penalty waiver, based on the American Institute of...
